0% FX (Card Spend) Promotion — Terms & Conditions

1. Overview

These Terms & Conditions (“Rules”) govern the 0% FX promotion (the “Promotion”) applicable to qualifying card spend transactions completed during the Promotion Period. By participating in this Promotion, users agree to be bound by these Rules and the Terms and Conditions governing their KAST account. In the event of any conflict, these Rules shall prevail for the purposes of this Promotion. KAST reserves the right to modify, suspend, or terminate the Promotion at any time, subject to applicable law.

2. Eligibility

• The Promotion is available exclusively to KAST users who have completed KYC using an Eligible Identity Document (“Eligible Users”).
• Only card spend transactions qualify.
• Only spend transactions that result in an eligible foreign exchange conversion qualify (“Qualifying Transactions”).
• Deposits, inbound transfers, outbound transfers, internal transfers, reversals, cancelled transactions, refunds, chargebacks, declined transactions, or failed transactions do not qualify.
• Qualifying Transactions must be successfully completed between April 1, 2026 (00:00 local time) and June 30, 2026 (23:59 local time) (the “Promotion Period”).

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3. Promotion Structure (0% FX via cashback-style credit)

Eligible users will receive a promotional credit equivalent to 0% FX on each successfully completed Qualifying Transaction during the Promotion Period.

Important Conditions

• FX may be charged at the time of spend. The promotional amount is provided as a credit-back of the FX fee amount.
• Credits are calculated per eligible transaction, based on the FX fee charged for that transaction.
• Transactions cannot be combined, split, or recharacterized to increase the promotional credit.
• If an underlying transaction is later reversed, refunded, cancelled, or charged back, KAST may reverse, withhold, or adjust any promotional credit related to that transaction.

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4. Reward Cap (Eligible Users only, per 30-day cycle)

This Promotion is subject to caps per 30-day cycle (“Cycle”), measured across Eligible Users only.

• Cumulative spend cap: Up to 250,000 in total Qualifying Spend per Cycle across Eligible Users.
• Rewards cap: Up to 5,000 in total promotional credits per Cycle across Eligible Users.
• Credits are granted on a first-come, first-served basis according to transaction completion timestamp.
• The Promotion (for that Cycle) may automatically pause or end early once either cap is reached, even if the Cycle (or the overall Promotion Period) has not yet ended.

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Cycle dates

• Cycle 1: April 1 – April 30, 2026
• Cycle 2: May 1 – May 30, 2026
• Cycle 3: June 1 – June 30, 2026

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5. Reward Distribution

• Promotional credits will be applied every 30 days for the duration of the Promotion (after each Cycle), subject to verification.
• KAST reserves the right to delay, withhold, reverse, or adjust any credits in cases of suspected fraud, abuse, error, reversal of the underlying transaction, or non-compliance with these Rules.
• Promotional credits are non-transferable, non-exchangeable, and cannot be redeemed for cash unless explicitly permitted.

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6. Fraud & Compliance

KAST reserves the sole and absolute discretion to interpret and enforce these Rules. Any fraudulent activity, artificial transaction behavior, manipulation of the Promotion, or violation of these Rules may result in:

• Immediate disqualification
• Forfeiture or reversal of promotional credits
• Suspension or termination of the user’s account

KAST may audit transaction activity at any time to ensure compliance.

7. General Terms

• This Promotion is void where prohibited by law.
• Rewards may be subject to applicable tax or reporting obligations under local law.
• By participating, users agree to release KAST and its affiliates from liability arising from participation in the Promotion to the extent permitted by applicable law.
• KAST reserves the right to modify or terminate the Promotion at any time, subject to applicable law.

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